VRX Silica (ASX: VRX) has revealed a maiden inferred Mineral Resource for its Arrowsmith Central silica sands project of 28 million tonnes at 97.7 per cent SiO2. The result was based on an exploration program of 39 hand-held auger drill holes. The resource area is a small portion of the tenement area. Further drilling is planned for early next year.
Highlights:
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Inferred Mineral Resource of 28 million tonnes @ 97.7% SiO2
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Result is from shallow hand auger drilling
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Aircore drilling expected to significantly increase the Mineral Resource
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Metallurgical testwork to date confirms glassmaking quality achievable
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Takes total VRX Mineral Resources of silica sand to 412 Mt VRX Silica Limited (VRX Silica or Company) (ASX:VRX) is pleased to announce the results from the independent estimate of the Mineral Resource at its Arrowsmith Central prospect, which is contained within its Arrowsmith Silica Sand Project, located 270km north of Perth.
The result is based on an exploration program of 39 hand-held auger drill holes and is an acceptable standard for use in a Mineral Resource estimate publicly reported in accordance with the JORC Code.
The Resource area is a small portion of the tenement area, adequate for initial mining studies which can be increased substantially with future aircore drilling over an increased area.
Additional drilling is planned for early 2019 with the Company having recently completed an extensive Aboriginal Heritage survey with representatives of the Southern Yamatji claimant group for a more intensive and wider ranging drill program.
VRX Silica Managing Director Bruce Maluish said: “Arrowsmith Central is immediately adjacent to the Eneabba – Geraldton rail line to export bulk products out of Geraldton which offers a unique low capex logistics solution.”
This resource adds to the two previously announced silica sand resources, Arrowsmith North, “Arrowsmith North Maiden Mineral Resource” 2 October 2018, and Muchea, “Muchea Silica Sand Project Maiden Resource” 20 November 2018.
